Atea's policy is to distribute approximately 70-100 percent of net profit after tax to shareholders in the form of a dividend.
In April 2023, the Annual General Meeting approved a recommendation from the Board of Directors to distribute a dividend of NOK 6.25 per share in 2023, to be paid in two equal installments in May and November 2023. The first dividend payment of NOK 3.125 per share will be made on May 11, 2023 and a second dividend payment of NOK 3.125 per share will be made in November 2023.
The dividend of NOK 6.25 per share represents a payout of over 80% of net profit after tax in 2022, based on the number of shares outstanding on the AGM date.
Dividend per share*
* For Norwegian tax purposes, the dividend shall be considered as repayment of paid in capital.